TechFlow news, on March 16, LinChen, Head of APAC Business at Deribit, stated on social media that this week U.S. spot Ethereum ETFs saw a total net outflow of $189.9 million, with a combined reduction of 99,266.82 ETH. Among them, BlackRock reduced its holdings by 33,776.47 ETH, and Fidelity sold off 31,695.05 ETH, reflecting substantial selling pressure. The ETH price has fallen below the $2,000 mark, and the ETH/BTC exchange rate continues to decline, currently at only 0.0229.





